Texas Teacher Retirement System, Austin, committed $250 million to Digital Colony Partners II in November, a transaction report from the $155.2 billion pension fund showed.
Digital Colony Management is an existing manager for TRS and its portfolio managers will seek to invest in infrastructure projects in international developed markets for the second fund in its family.
In June 2019, TRS committed $200 million to DC Front Range Holdings I, managed by DCP Fund I Adviser/Digital Colony Management, which will invest in U.S. infrastructure projects, and earlier invested in other funds offered by the infrastructure manager.